Artificial Intelligence to balloon to a $70 billion industry in 4 years

Nicole Earll | Jun 05, 2016 11:21 PM EDT 2010 CeBIT Technology Fair (Photo : Sean Gallup/Getty Images) Given the pace of how technology is changing and developing these days, what can only be considered as science fiction in the past could become a reality in the next decade. The artificial intelligence or AI is projected to balloon to a $70 billion industry by 2020, according to an IDC research, cited by the Bank of America as reported by Fortune. That is a significant milestone coming from the $8.2 billion industry value in 2013. Like Us on Facebook AI is already being used in data analytics and web search systems, and driverless cars and service robots are also under development. With that, the future where AI will be changing people’s…